IHH Healthcare

CoVid-19

Healthcare and glove stocks march on as Wuhan virus continues spread, claims higher deaths

SINGAPORE (Jan 28): Glove manufacturers and healthcare stocks listed on the Singapore Exchange continued their ascent today as the spread of the coronavirus originating from Wuhan included more cou

HEALTHCARE

Ageing trend supports spending, but earnings of stocks dip on costs

SINGAPORE (Dec 20): Eight in 10 medical practitioners say Singapore’s healthcare system should focus more on disease prevention as Singaporeans live longer and are more likely to contract a chronic

Results

IHH Healthcare reverses out of the red with 3Q earnings of $77.3 mil

SINGAPORE (Nov 29): IHH Healthcare posted earnings of RM236.3 million ($77.3 million) for 3QFY2019 ended September, reversing from losses of RM104.1 million a year ago.

Trans-boundary haze

Hazy skies have little impact on healthcare providers, says CGS-CIMB

SINGAPORE (Sept 25): The ongoing haze has little impact on healthcare providers in terms of revenue or share price, but prolonged haze conditions showed an increase in admissions to private hospita

M&A

IHH Healthcare to acquire private hospital in Malaysia for $336 mil

SINGAPORE (Sept 17): IHH Healthcare is seeking to strengthen its position in Malaysia with the proposed acquisition of entire issued share capital of Prince Court Medical Centre for RM 1.02 billion

Broker's Calls

China could give healthcare players a shot in the arm, says CGS-CIMB

SINGAPORE (June 11): CGS-CIMB Research says China could be the “cure” for anaemic local growth among Singapore-listed healthcare providers, with a total healthcare market size that is some 46 times

Broker's Calls

IHH Healthcare to see an exciting 2019 with increasingly palatable valuations: UOB

SINGAPORE (May 31): UOB Kay Hian is maintaining “buy” on IHH Healthcare with a target price of RM6.30 ($2.07), which implies 32.8 times 2020F P/E – well below its historical five-year 12 month forw

In print this week

IHH Healthcare to take offerings to 'whole different level' with digitalisation

SINGAPORE (Apr 12): Towards the end of July 2012, at a meeting with bankers and fund managers in the run-up to IHH Healthcare’s IPO, an executive of a financial institution asked what was so specia

Broker's Calls

Analysts look beyond IHH Healthcare's headline loss to maintain 'buy'

SINGAPORE (Nov 30): Analysts say IHH Healthcare’s 3Q18 headline loss of RM104 million ($34 million) did not come as a surprise, given the 30% q-o-q depreciation of the Turkish lira versus the US do

M&A

Khazanah selling $2.8 bil stake in IHH Healthcare to Mitsui in portfolio revamp

KUALA LUMPUR (Nov 29): Malaysia's Khazanah Nasional is selling a 16% stake in Singapore-listed IHH Healthcare to Mitsui & Co for about RM8.42 billion ($2.76 billion) in cash, kicking off a rest

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